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3 years ago

Positions that have direct responsibility for the basic objectives of an organization are referred to as a line position.

Business

1 answer:

nordsb [41]3 years ago

3 0

Answer: (A) True

Explanation: A line of work is a unit that according to the chain of command has the responsibility of making the key decisions in an organization, which can usually involve the resources to achieve the objectives.

Example: A manager of a sales department of a company, is the first line towards customers and their team, will be responsible for generating revenue.

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Clifton Corporation acquired all of the outstanding Gillion stock on January 1, Year 1, for $2,400,000. The parties immediately

azamat

Answer:

Year 1: $2,150,000

Year 2: $2,291,600

Year 3: $2,260,320

Explanation:

Clifton's stock in Year 1 = $(2,400,000 - 250,000) = $2,150,000

To obtain percentage tax = (250,000 X 100%)/ 2,400,000 = 10.4% = 0.104

In year 2: Tax on $400,000 = $400,000 * 0.104 = $41,600

∴ Clifton's Stock in year 2 = $(2,150,000 + 41,600 + 100,000) = $2,291,600

In year 3: Tax on $180,00 = $180,000 * 0.104 = $18,720

∴ Clifton's stock in year 3 = $(2,291,600 + 18,720 + 300,000) = $2,260,320

4 0

4 years ago

Adam Smith believed that fair prices for goods are determined in a capitalist system:______ a) through competition between busin

Alexus [3.1K]

Answer:

The correct answer is A

Explanation:

Adam Smith is one of the first theorist who refer to the system of capitalism. Under this system, he asserts that when the person or an individual conduct or make a trade, they value what they bought more than they value what are exchanging for the commodity.

So, under this system, he believed that the fair as well as correct prices of the commodity or the goods will be determined through the competition among the businesses.

5 0

3 years ago

You are interested in purchasing a used car for $17,250. The dealer offers financing at a rate of 6.8% APR when the purchase is

Nastasia [14]

Answer:

The monthly payments will be $353.12

Explanation:

Financing

When a purchase is made at present value and the payment will be financed at a rate of interest i for n periods, the present value PV is

$\displaystyle PV=R\cdot \frac{1-(1+i)^{-n}}{i}$

where R is the regular payment (usually monthly).

Solving for R

$\displaystyle R=PV\cdot \frac{i}{1-(1+i)^{-n}}$

It's important to recall than only the unpaid amount goes financing, if some down-payment is made, it must be subtracted from the PV to be financed.

The present value of the car is 17,250 from which the buyer will make a 5% down-payment. It means that the real financing amount is

$PV=17,250\cdot 95\%=16,387.5$

The rate of interest is

$i=6.8\%=6.8/(12\cdot 100)=0.00567$

It also follows that n=54.

Computing R

$\displaystyle R=16,387.5\cdot \frac{0.00567}{1-(1+0.00567)^{-54}}$

$\boxed{R=\$353.12}$

7 0

4 years ago

What term describes individuals and groups, both internal and external to the company, whose support is critical to the success

prohojiy [21]

Answer:

The term is stakeholder.

Explanation:

Stakeholders are the people or groups who have an interest in the business. They either affect or are affected by the business. Generally, employees, consumers, creditors, investors, and suppliers are stakeholders of a business.

Stakeholders are categorized into two types.

External Stakeholders
Internal Stakeholders

External stakeholders are those people or groups who are not directly related to the business, for instance, creditors and investors, suppliers.

Internal stakeholders are those group and people who are directly related to the business, for instance, employees, owners, etc.

8 0

3 years ago

According to lewinian/od views of organizational change, organization development (od) is linear in that it:____.

fenix001 [56]

According to lewinian/od views of organizational change, organization development (od) is linear in that it: has movement from past to present to future.

An organization is a group of people working together, such as a neighborhood association, charity, union, or business. The word organization can be used to refer to a group or enterprise or the act of forming or establishing something.

defines the purpose of an organization as “a meaningful statement of its existence that aligns with its long-term financial performance, provides a clear context for day-to-day decision-making and unites and motivates relevant stakeholders. Permanent reasons.”

There are four main types of business organizations. A sole proprietorship, partnership, corporation, limited liability company, or LLC. Below we discuss these and their use in the field of commercial law.

Learn more about organizations here: brainly.com/question/24448358

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5 0

2 years ago